XML 41 R28.htm IDEA: XBRL DOCUMENT v3.26.1

Revenue (Tables)

3 Months Ended

Mar. 31, 2026

Revenue

Schedule of contract assets

Contract assets consist of the following (in millions):

​	​	​	​	​	​	​
​	​	March 31,		​	December 31,
​	​ ​ ​	2026		​ ​ ​	2025
Unbilled revenue	​	$	545.3	​	$	569.7
Retention receivable	​	​	309.7	​	​	311.2
Contract materials (not yet installed)	​		62.3	​		56.0
​	​	$	917.3	​	$	936.9

Schedule of contract liabilities

Contract liabilities consist of the following (in millions):

​	​	​	​	​	​	​
​	​	March 31,		​	December 31,
​	​ ​ ​	2026		​ ​ ​	2025
Deferred revenue	​	$	568.5	​	$	629.2
Accrued loss provision	​		3.4	​		4.4
​	​	$	571.9	​	$	633.6

Schedule of revenue disaggregation by various categories

MSA and Non-MSA revenue was as follows (in millions):

​

​	​	​	​	​	​	​	​	​	​
​	​	For the three months ended March 31, 2026
Segment	​ ​ ​	MSA		​ ​ ​	Non-MSA		​ ​ ​	Total
Utilities	​	$	473.6		$	159.3		$	632.9
Energy	​	​	86.2	​	​	869.2	​	​	955.4
Intersegment eliminations	​	​	—	​	​	(28.4)	​	​	(28.4)
Total	​	$	559.8		$	1,000.1		$	1,559.9

​

​

​	​	​	​	​	​	​	​	​	​
​	​	For the three months ended March 31, 2025
Segment	​	MSA		​ ​ ​	Non-MSA		​ ​ ​	Total
Utilities	​	$	452.1		$	111.3		$	563.4
Energy	​	​	38.4	​	​	1,069.9	​	​	1,108.3
Intersegment eliminations	​	​	(0.5)	​	​	(23.1)	​	​	(23.6)
Total	​	$	490.0		$	1,158.1		$	1,648.1

​

Revenue by contract type was as follows (in millions):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the three months ended March 31, 2026

Segment

​ ​ ​

Fixed-Price

​ ​ ​

Unit-Price

​ ​ ​

Cost Reimbursable (1)

​ ​ ​

Total

Utilities

​

$

112.1

$

399.1

$

121.7

$

632.9

Energy

​

​

615.0

​

​

159.8

​

​

180.6

​

​

955.4

Intersegment eliminations

​

​

(25.7)

​

​

(1.6)

​

​

(1.1)

​

​

(28.4)

Total

​

$

701.4

$

557.3

$

301.2

$

1,559.9

(1) Includes time and material and cost reimbursable plus fee contracts.

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the three months ended March 31, 2025

Segment

​

Fixed-Price

​ ​ ​

Unit-Price

​ ​ ​

Cost Reimbursable (1)

​ ​ ​

Total

Utilities

​

$

77.9

$

344.4

$

141.1

$

563.4

Energy

​

​

776.9

​

​

147.2

​

​

184.2

​

​

1,108.3

Intersegment eliminations

​

​

(19.1)

​

​

(3.5)

​

​

(1.0)

​

​

(23.6)

Total

​

$

835.7

$

488.1

$

324.3

$

1,648.1

(1) Includes time and material and cost reimbursable plus fee contracts.

X

- Definition

Tabular disclosure of contract assets balances and changes in contract assets balances.

+ References

No definition available.

+ Details

Name:	prim_ContractWithCustomerAssetTableTextBlock
Namespace Prefix:	prim_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of contract liabilities balances and changes in contract liabilities balances.

+ References

No definition available.

+ Details

Name:	prim_ContractWithCustomerLiabilityTableTextBlock
Namespace Prefix:	prim_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration